Risk Management - Card Loss Forecasting - Senior Associate

JPMorgan Chase & Co.•Wilmington, DE

20h

About The Position

As a Modeling Analytics – Senior Associate in Credit Card Loss Forecasting, you will be responsible for leading credit forecasting for the $240B credit card portfolio. This role requires strong data analytical knowledge and skills to generate short- and long-term loss forecasts and perform attribution analysis. The role encompasses all aspects of loss forecasting, including CCAR, CECL, Budgets, and Risk Appetite. This is an exciting opportunity to work on high-impact strategy initiatives as they become the key focus of the firm and across the financial services industry. You will excel at creative thinking and problem-solving, be self-motivated, confident, and ready to work in a fast-paced, energetic environment.

Requirements

Master’s/Bachelor’s degree in a quantitative discipline (Finance/Statistics/Economics/Mathematics/Engineering) from an accredited college/university required
1+ years of experience in Credit Risk Management, Statistical Modeling, Marketing Analytics, and/or Consulting
3+ years of related analytical experience
Strong knowledge of Python, SAS, SQL, and MS Office required
Strong analytical, interpretive, and problem-solving skills with the ability to interpret large data sets and their impact in both operational and financial areas
Excellent oral and written communication and presentation skills

Nice To Haves

Advanced degree is preferred
Strong P&L knowledge and understanding of drivers of profitability

Responsibilities

Support the end-to-end completion of annual CCAR and quarterly Risk Appetite
Support analytical tools for risk assessment and stress credit evaluations to support annual stress testing, the Risk Appetite framework, and strategy integrations
Collaborate with the central loss forecasting team to manage process timelines and provide necessary information
Work with Finance, Collections, and Risk Strategy to understand changes in the portfolio or strategies and apply overlays as needed
Partner with the Risk Modeling team to ensure the model functions as desired and provide regular inputs for improvement
Create and present forecasts to senior management with a clear storyline and data support
Enhance consistency and efficiency across existing processes and reporting to meet the changing needs of the business
Be a self-motivated individual with the ability to work on multiple projects with limited guidance
Help spearhead best-in-class documentation and operational risk and audit controls surrounding the CCAR and Risk Appetite Process